Investors should be buying bonds in all categories of U.S. securitized debt, in part because the market will continue to shrink next year, according to Bank of America Merrill Lynch analysts said. “We recognize that heading into 2011, recommending an overweight of all sectors of securitized products may appear exceedingly bullish,” the New York-based analysts led by Chris Flanagan wrote in a year-end outlook published Dec. 3. “However, the return performance for 2010 indicates that would have been the appropriate strategy for this past year.”
Buy all types of securitized debt as supplies will be shrinking, BofA says
Most Popular Articles
Latest Articles
Kristen Sieffert leads the reverse mortgage presence at The Gathering
FOA’s president spoke about bringing reverse mortgages into the mainstream at the event in Scottsdale, Arizona.